UJI 13-707 NMRA

UJI 13-707. Entire taking of leasehold; damages to tenant.

Last amended: 2025Year: 2025Length: 84 wordsOfficial source
In this case, the taking of the property resulted in the termination of the lease. The tenant is entitled to recover money damages for the total of the following: 1. The value, at the time of taking, of all improvements and fixtures owned by the tenant which have been taken; and 2. The fair rental value of the remaining term of the lease, less the total rent due the lessor for the same term, discounted to present value, as of the date of taking.
UJI 13-707 NMRA: UJI 13-707. Entire taking of leasehold; damages to tenant. | Justis AI